Techonology

Indian VC joins a global race to return the next big AI disruptive

Agentic AI is a sophisticated algorithm that can customize and learn itself, can build on the success of large language models like chatgip, which requires human input to train them. Made for a specific area, agentic AI resembles a worker skilled in a certain task – such as customer service, invoices and more – and operates as a network of skilled professionals to automate tasks.

Earlier this week, the decade-old health-tech firm Innovasor announced the launch of seven artificially intelligent ‘agents’ with the aim of reducing the lives of doctors and medical staff overwork around the world. San Francisco-based startup has gathered $ 275 million for its ‘Healthcare Intelligence Cloud’-a suit of digital services assisting hospitals and clinics in various tasks.

The funding round saw six top VC firms, which participate in the BACITIL Group in Singapore, Facebook coffeer Eduardo Severin, and Microsoft’s Investment Arm M12.

Indian enterprise capital firms are also scouting for possible investment opportunities in India and abroad in some of the world’s most promising agents AI Ventures.

In April last year, Plotch.ai raised an undeclared east-seed funding round from Marki VCS, including Antar and Peak XV Partners (East Sex Capital India). The same month, AI sales automation platform SIFTHUB collected $ 5.5 million in seed funding from matrix partners and Bloom Ventures. In September 2024, Bangalore-based Korovar.AI raised $ 4 million as part of its series-e-funding round, headed by Mumbai-based multi-stage VC Fund, Venture Catelists.

Last month, the US-facilitated Indian-people-agent AI Startup Atomicwork raised $ 25 million in series-e-funding, Khosla Ventures, one of the world’s top VCs, brought to the table. Bloom Ventures and Peak XV were also part of the round.

According to a report by French IT firm Capgemini, the agent AI market is expected to grow from $ 5.1 billion to $ 47.1 billion by the end of this decade. This is a possible complex annual growth rate, which underlines VCS interest.

The entire generative AI market is estimated to generate $ 356 billion in revenue globally by 2030.

“, Even though the technique is in the newborn stages – Closer for OpenII’s chip -3.0 – The enthusiasm around the agent system is about the ability to automate the tasks to be completely repeated, which were trying a lot,” Essake In the partner, prok. Started investing in technology.

For example, a company can deploy a network of ‘agents’ or algorithms that are individually skilled in accounting, monitoring of factory production rates or processing questions. Each such AI agents work together, like a back-office team of employees, but with significant human intervention.

Also read Expect agent AI to create big waves in 2025

Agent is AI Live

Bloom is very fast on the capacity for agent AI startups, both specific industries to redefine vertical, and functional uses that are more horizontal and this year will also double at this place, “Sumangal Vinjamuri, Associate Vice-Pressidant said. Venture Capital Firm. The above portfolio companies. ,

Solutions offered by some of these startups have already been deployed. Kovar’s agent AI Power’s online ticketing platform of Indian Railways, automatic ticketing and operating platforms of Delhi Metro Railway Corp and ‘Disa’ chatboat of IRCTC.

“We are already generating a constant growing annual revenue from our customers, and we are deploying agents AI system for many public and private firms,” ​​said the company’s cofounder and Chief Executive Officer Ankush Sabarwal. “This has drawn a high amount. Interest from some top VCs in India, which we will soon make public as part of our ongoing series-e-funding round.”

Also read AI agents want to marketing but humans should be in charge

In Fellow Startup Koo AI, Jio-Maping firm Mapmindia invested $ 2.5 million for additional $ 1 million for additional $ 1 million as part of this round in October 2023.

“In the last four-five months, we have received an contracted revenue of $ 870,000,” said Kofounder Raj Gopalakrishnan. Mint“By the end of February, we should cross $ 1 million, and until the end-May, we should cross $ 4 million.”

Bangalore-based Agentic AI Startup Quish raised $ 635,000 in pre-seed funding from Arrali Ventures, Java Capital, Matrix Partners and more.

Excel India agents AI investments include a $ 36 million round for US-based startup EMA and Paris-based agent AI firm, ‘H’, a $ 220 million seed-round part. The fund is investing in favor of the infrastructure of tooling, memory and building agent AI systems, “said Excel’s Swaroop.

Still newborn

The VC firm is betting that companies will soon start allocating technical budget for agent AI.

“Those who want to be competitive on efficiency and velocity in enterprises, agents will see not only the software budget but also the repetition from the budget of the people,” said Vinajamuri of Bloom. “Used by experimental budget to real line items-supported by clear ROI and effect.”

Nevertheless, not everyone agrees that the agent will cause AI’s disintegration level that was brought to generic AI.

“No matter how good the underlying models are, errors, edge cases and hallucinations will be there. These errors are cascaded and compounded in several stages, causing poor accuracy, “Alok Goel of Stalaris Venture Partners said. Agentic AI system, according to them, will be limited to cases of low risk and low complexity, at least minimum For near- for mid-term.

Also read Fractal bets on agent AI to run revenue

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